{"id":65088,"date":"2023-11-21T02:18:25","date_gmt":"2023-11-21T06:18:25","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=65088"},"modified":"2023-11-21T02:19:36","modified_gmt":"2023-11-21T06:19:36","slug":"okx-seeks-virtual-asset-trading-license-from-hong-kong-authorities","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/okx-seeks-virtual-asset-trading-license-from-hong-kong-authorities\/","title":{"rendered":"OKX Seeks Virtual Asset Trading License from Hong Kong Authorities"},"content":{"rendered":"\n<p>OKX is the first offshore applicant on the Hong Kong SFC's updated list of <a href=\"https:\/\/coinscreed.com\/staging\/france-to-integrate-mica-rules-into-its-crypto-licensing-regime.html\" target=\"_blank\" rel=\"noreferrer noopener\">applicants for licenses<\/a> to operate virtual asset trading platforms. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-1024x576.jpg\" alt=\"OKX Seeks Virtual Asset Trading License from Hong Kong Authorities\" class=\"wp-image-65093\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-1024x576.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-768x432.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-18x10.jpg 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-750x422.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840-1140x641.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">OKX Seeks Virtual Asset Trading License from Hong Kong Authorities<\/figcaption><\/figure>\n\n\n\n<p>The recent update to the <a href=\"https:\/\/coinscreed.com\/staging\/seba-bank-receives-hong-kong-sfc-license.html\" target=\"_blank\" rel=\"noreferrer noopener\">Hong Kong Securities and Futures Commission's<\/a> (SFC) list of applicants for licenses to operate virtual asset trading platforms is a big step toward regulating cryptocurrency exchanges in the area.<\/p>\n\n\n\n<p>The names of seven businesses actively looking to run cryptocurrency trading platforms in Hong Kong are included in the latest list posted on the SFC website. <\/p>\n\n\n\n<p>The first offshore exchange to formally apply for a compliance license in <a href=\"https:\/\/coinscreed.com\/staging\/bitget-abandons-pursuit-of-hong-kong-crypto-license.html\" target=\"_blank\" rel=\"noreferrer noopener\">Hong Kong<\/a> is OKX, making it stand out among the others. The action taken by the SFC is a component of its continuous endeavors to furnish transparency about the regulatory standing of virtual asset trading platforms that cater to investors in Hong Kong. <\/p>\n\n\n\n<p>The commission has stated unequivocally that inclusion on the list does not imply approval of the platforms' functionality or reliability. For verified information, investors are recommended to consult the SFC's list of authorized <a href=\"https:\/\/www.bing.com\/search?q=OKX+Seeks+Virtual+Asset+Trading+License+from+Hong+Kong+Authorities&cvid=d1ce4f122e144c1c9b2576b75bdee7df&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg9qAIAsAIA&FORM=ANAB01&PC=WSEDDB\" target=\"_blank\" rel=\"noreferrer noopener\">virtual asset trading platforms<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n<p>The SFC has also warned investors about the dangers of trading virtual assets on unregulated platforms, such as the seven additional platforms on the list of applicants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OKX is the first offshore applicant on the Hong Kong SFC&#8217;s updated list of applicants for licenses to operate virtual asset trading platforms. The recent update to the Hong Kong Securities and Futures Commission&#8217;s (SFC) list of applicants for licenses to operate virtual asset trading platforms is a big step toward regulating cryptocurrency exchanges in [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":65093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,11407],"tags":[1134,12218,17295],"class_list":["post-65088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-cryptocurrency-exchange","tag-hong-kong","tag-okx-2","tag-virtual-asset-trading-license"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/croc_1700545859840.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/65088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=65088"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/65088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/65093"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=65088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=65088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=65088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}